Nolita/Little Italy Neighborhood and NYC Real Estate Sales & Rentals
Nolita Neighborhood and Nolita Apartments
Little Italy/Nolita
Standing for 'NOrth of Little ITAly', NoLita was originally part of what was
once the vast neighborhood of Little Italy. As Chinatown exploded in the early
20th-century and began to absorb large sections of its surrounding
neighborhoods, Little Italy shrank, leaving most of its northern section and
Mulberry Street center intact.
In the 1990's the northern section of Little Italy experienced a large influx of
young urban professionals escaping the high rents of SoHo. This, in turn,
inspired the blossoming of fancy boutiques and establishments along it's quaint
cobblestone streets. With a new energy in the neighborhood, distinct from the
old charm of Little Italy, and NoLita was born. Currently considered an
extremely fancy and expensive neighborhood, NoLita is especially desired for its
convenient access to the surrounding neighborhoods of NoHo, Lower East Side, and
SoHo. Highlights: Tree lined streets, Old St. Patrick's Cathedral
Nolita, an abbreviation for 'NOrth of
Little ITAly, is a relatively new
neighborhood. Once a part of Little Italy, in the mid-1990's the neighborhood
was rebranded and the catchy name that stuck was Nolita, following the naming
trend of its neighbors Soho, (South of Houston Street), and Tribeca, (Triangle
Below Canal Street).
Nolita, in the 1990's experienced a large influx of young urban professionals
escaping the high rents of SoHo. This, in turn, inspired the blossoming of fancy
boutiques and establishments along it's quaint cobblestone streets. With a new
energy in the neighborhood, distinct from the old charm of Little Italy, NoLita
was born. Currently considered an extremely fancy and expensive neighborhood,
NoLita is especially desired for its convenient access to the surrounding
neighborhoods of NoHo, Lower East Side, and SoHo.
NoLita is south of
NoHo, bounded on the north by Houston Street, on the east by the
Bowery, on the south roughly by Broome Street, and on the west roughly by
Lafayette Street.
Nolita apartments for sale
are dominated by condominiums with a few co-ops mixed in. The Nolita
real estate market is often seen as an offshoot of its neighbor Soho, but is
still a product of its more relaxed roots. New Construction buildings have
entered the market place with varying reflections of the neighborhood character.
Pricing for
Nolita apartments for sale tends to fluctuate closer to Soho and
Noho than it does the Lower East Side, but ultimately the variations depend on
building quality, building amenities, exposure and renovations.
Some of Nolita's greatest appeal is that it has relatively everything you
would be looking for in the downtown Manhattan experience, great boutique
shopping, close proximity to Soho, eclectic mix of restaurants, cafes and
entertainment.
For information regarding Nolita apartments for sale, or for
Nolita
apartments for rent
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